New York-based Citi has launched Citi Commercial Bank (CCB) in Japan to expand its commercial banking coverage. CCB will focus on...

HSBC has agreed to buy part of its partner’s stake in a China fund venture, becoming the majority shareholder and expanding in the...

In Vietnam, May saw a resurgence in the number of new securities accounts, with 132,010 opened, predominantly by domestic investors,...

Virtual insurer Bowtie announced an increase in premiums this year due to Hong Kong’s medical inflation, which typically ranges from 8 to...

Ant Group and Mastercard, alongside 12 overseas payment partners of Alipay+ and other major card organisations, announced the launch of...

Edmund Tse Sze-wing, the independent non-executive chairman of AIA Group, emphasised that the insurer will not relocate its headquarters...

Chinese market veteran Chang Sun Qiang, managing partner for TPG China, emphasised that no investment asset is immune to losses....

South Korean lender Woori Bank has partnered with the National Bank of Cambodia to develop a cross-border quick response (QR) code...

Zurich Malaysia, through Zurich Takaful Malaysia Berhad (ZTMB) and Zurich General Takaful Malaysia Berhad (ZGTMB), has partnered with...

Vietnamese fintech firm MFast has launched in the Philippines to provide financial products. Led by Carolyn Rose G. Lao, an industry...

Hong Kong will host the third annual Global Financial Leaders’ Investment Summit from November 18 to 20, as reported by the SCMP...

Hanwha Life, part of South Korea’s Hanwha Group, has acquired a 40% stake in Indonesia’s Nobu Bank, marking its first venture into the...

Nomura Holdings Inc. is targeting a 20% revenue increase for its global markets unit over the coming years, moving past setbacks like the...

GX Bank Berhad (GXBank), backed by Grab, alongside Zurich General and Life Insurance Malaysia, has announced a decade-long exclusive...

AEON Bank, Malaysia’s inaugural Islamic digital bank, has partnered with Visa to revolutionise digital payments and enhance cashless...

Microsoft has announced a plan to train 2.5 million people in Southeast Asia in AI skills by 2025, partnering with governments,...

Woori Financial Group has joined the race to buy Lotte Insurance, South Korea's seventh-largest non-life insurer, aiming to boost its...

Wellington Management, a top independent asset manager, today announced an exclusive partnership with Standard Chartered Private Bank to...

Indonesia’s Finance Minister Sri Mulyani Indrawati discussed strengthening Indonesia’s role within the Asian Infrastructure Investment...

The global hedge fund industry ended the first quarter with a record USD4.3tr in assets, data provider HFR said on Monday. The industry...